Company XYZ is strictly a service company and does not carry any inventory on its balance sheet. Based on this, which of the ratios below will be of no interest to a financial analyst? Quick Ratio O Current Ratio Debt to Equity Ratio O Cash Coverage Ratio

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 6DQ
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Company XYZ is strictly a service company and does not carry any inventory on its balance
sheet. Based on this, which of the ratios below will be of no interest to a financial analyst?
Quick Ratio
Current Ratio
Debt to Equity Ratio
Cash Coverage Ratio
Transcribed Image Text:Company XYZ is strictly a service company and does not carry any inventory on its balance sheet. Based on this, which of the ratios below will be of no interest to a financial analyst? Quick Ratio Current Ratio Debt to Equity Ratio Cash Coverage Ratio
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